An established and profitable company focused on bookkeeping

Basic information

The subject of the sale is a company providing services in the field of accounting, payroll management and related consulting. The company has a long history, it has been operating for more than 15 years. The company is based in Bratislava, and in this region the company has a very good reputation and a stable position in the market of accounting firms. The company has a portfolio of clients built for 15 years and achieves a stable above-average profit.

The services provided by the company include in particular

• double entry bookkeeping
• preparation of financial statements
• payroll processing
• personal professional consultancy in the field of accounting
• consulting in the field of DPPO, DPFO, VAT, Intrastat declarations, NBS
• consultancy in the field of international taxation
• online accounting, etc.

The company is located in leased premises with an area of ​​approximately 70 m2. Currently, 6 people work for the company (employees + SZČO + s.r.o.) plus 4 temporary workers by agreement. The role of the owner of the company is currently of an advisory and consulting nature – gaining clients, setting them up, staff management and general control. The owner is also partially engaged in consulting on more complicated issues in the field of accounting. The owner dedicates approximately 20 hours a week to the current company, he currently does not receive any remuneration for this activity. The owner is willing to act as a company consultant for a limited time after the sale of the company, in order to gradually reduce its deployment to absolutely zero within 6 months.

40% of the company’s clients are Slovak legal entities, legal entities with parent companies from Germany and Austria make up about 50% and legal entities with parent companies in the Czech Republic and Hungary make up about 10%. Currently, the company has in its portfolio about 60 stable customers with whom the company has concluded contracts for the provision of services.

The company emphasizes an individual approach to each client and prefers long-term cooperation with companies in its portfolio. Even for this, and the high professionalism of the offered services, the fluctuation of the company’s clients is minimal.

The listed price includes a 100% stake in the company, on a cash-free, debt-free basis. The price will be adjusted by the current value of working capital (increased by the value of creditworthy receivables and cash remaining in the company, reduced by the value of liabilities that remain in the company).